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Silver Spruce Resources Inc SSEBF


Primary Symbol: V.SSE

Silver Spruce Resources Inc. is a Canadian junior exploration company holding 100% of the Melchett Lake Zn-Au-Ag project in northern Ontario. The Project is an advanced precious and base metal property located in the Thunder Bay Mining District, northern Ontario, Canada. The Project covers 11,236 hectares with volcanogenic massive sulphide (VMS) and Au targets located in east to southeast-striking, subvertical to moderately Archean metavolcanic quartz-sericite schists to coarse fragmental units. The Company intends to own 100% interest in the Mystery Au project in the Exploits Subzone Gold Belt, Newfoundland and Labrador; 100% interest in the Pino de Plata Ag project located 15 kilometers (kms) west of Coeur Mining's Palmarejo Mine in western Chihuahua, Mexico; 50% interest in the Jackie Gold project, located 5 km south-southwest of the towns of Tepoca and Carrizal, and up to 50% interest in Diamante Au-Ag project located from 5 to 15 kms northwest from Nicho deposit in Sonora, Mexico.


TSXV:SSE - Post by User

Comment by treehugger2on Apr 06, 2022 4:19pm
117 Views
Post# 34581967

RE:Silver Spruce Announces SEMARNAT Approval for

RE:Silver Spruce Announces SEMARNAT Approval forWhat exactly this immplies? Does it mean that from now to 4 years into the future and untill the agreement has been met nothid substuntial occurs? But what if in the meantime their drealing programs reveal high amounts of minerals?
Hmm, is this another one of their eternal baits with no intention of exiting shareholder stagnation for at least for four more years? As is it, this is old business already.....


"The El Mezquite project is currently subject to an option agreement with Colibri (see Press Release of June 11, 2020), wherein Silver Spruce can earn up to 50% of the gold and silver projects by meeting specific criteria over periods of four years."
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